701 Beach AveBeachwoodNJ08722
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Beachwood at 701 Beach Ave, Beachwood, NJ, 08722 uses $147,518 cash to close to unlock $2,834/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $3,408/mo, and a $2,178/mo payment keeps the spread at $236/mo. Purchase price stands at $445,000, and rental yield measures 9.19% with $3,408/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 114.4% and total cumulative return in cash records $168,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,408/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08722, Beachwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,961 (100%) |
| Owner Occupied HU | 3,406 (86.0%) |
| Renter Occupied HU | 437 (11.0%) |
| Vacant Housing Units | 118 ( 3.0%) |
| Median Home Value | $353,598 |
| Average Home Value | $387,689 |
Housing Distribution
Address Breakdown
Residential
3,877
Single Family
3,877
Multi-Family
0
Businesses
161
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Listed by: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2515454R
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